Through the Punjab Motor Vehicle Taxation Act of 1924, the Punjab government imposed a road tax on people who buy cars in the state. The tax structure for roads in Punjab is a crucial component of the state’s transportation infrastructure. The road tax has become a legal cost imposed on vehicles that travel on the roads of Punjab and contributes to the improvement and maintenance of Punjab’s infrastructure for roads, as well as the associated facilities.
TYPE OF CHARGE | AMOUNT |
---|---|
Registration Charges | Rs. 600 – For all cars |
Hypothecation Charges | Rs. 1,500 – If the car is purchased on a loan |
Number Plate Charges | Rs. 230 – 400 – Same for HSRP Number Plate |
Parking Fee/State Development Charges | Rs. 2,000 – MCD Parking Fees for cars under Rs. 4 Lakh Rs. 4,000 – MCD Parking Fees for cars above Rs. 4 Lakh (Applicable in some States) |
Temporary Registration Charges | Rs. 1,200 – 1,500 – Temporary Registration for up to 1 month |
Road Tax Charges Chandigarh | Cars under Rs. 20.0 Lakh: 6% (Price before GST + Cess) Cars above Rs. 20.0 Lakh: 8% (Price before GST + Cess) 0% Road Tax for anyone buying a car with a disability or buying a car for an NGO/Social Welfare Group that is registered with the Social Welfare Department |
Road Tax Charges Punjab | Cars under Rs. 20.0 Lakh: 9% (Price before GST + Cess) Cars above Rs. 20.0 Lakh: 11% (Price before GST + Cess) |
FasTag Charges | Rs. 600 FasTag fees payable on purchase of the vehicle |